Senator Scott Floor Speech on Senate Tax Bill

Washington – U.S. Senator Tim Scott (R-SC), member on the Senate Finance Committee, spoke passionately on the Senate floor about how the Senate’s tax plan, The Tax Cuts & Jobs Act, will help more Americans keep their money and ensure more jobs are created in America.

Here are some highlights from his speech:

“Today is a good day. We have both the House and the Senate working on tax reform that will have a positive impact for your everyday, hardworking Americans. This is truly a good day.”

“Tax reform is about everyday Americans being able to keep more of their hard-earned money. Tax reform is about families like the one I grew up in. Single-parent households working paycheck to paycheck year in and year out, praying and hoping for something good to happen.”

“We want to say to those folks who haven’t really had a raise in a decade, we hear you. We feel your pain. We want to deliver to our American family the opportunity to see more money in each paycheck. This is good. And for folks who are looking to start businesses, we have a Christmas surprise for you too. We’ve lowered taxes on the average family about $1,500 a year, $100 or so a month…”

“Most jobs created in the future will be created by a small business owner. We are going to lower your taxes so you can hire more people and make long-term investments into building the greatest economy this country has known in more than a generation. This is a good day, and we have good news.”

You can watch Senator Scott’s floor remarks here.

You can download details of the Tax Cuts & Jobs Act here, courtesy of the Senate Finance Committee.